Trump’s pivot on Nvidia chips gives China a leg up over the U.S. in AI race, analysts say
Nvidia logo and Chinese flag are seen in this illustration taken Aug. 27, 2025.Dado Ruvic | ReutersBEIJING — U.S. President ...
Tag: business news
Confluent stock soars 29% as IBM announces $11 billion acquisition deal
IBM announced Monday it is acquiring data streaming platform Confluent in a deal valued at $11 billion.Shares of Confluent soared ...
Trump greenlights Nvidia H200 AI chip sales to China if U.S. gets 25% cut, says Xi responded positively
President Donald Trump on Monday said Nvidia will be allowed to ship its H200 artificial intelligence chips to "approved customers" ...
Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun ...
Apple’s chip boss squashes exit rumors, says he’s not leaving the company
Johny Srouji, senior vice president of hardware technologies at Apple Inc., speaks during the Peek Performance virtual event in New ...
Elon Musk calls for abolition of European Union after X fined $140 million
Elon Musk has called for the European Union to be abolished after the bloc fined his social media company X ...
CNBC Daily Open: Everyone’s watching the Netflix deal
The Netflix logo is pictured at the company's offices on Vine in Los Angeles, California on Dec. 5, 2025.Patrick T. ...
Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval
A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown ...
Nvidia has a cash problem — too much of it
Jensen Huang, chief executive officer of Nvidia Corp., during the Taiwan Semiconductor Manufacturing Co. (TSMC) sports day event in Hsinchu, ...
SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Elon Musk's SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 ...
